BIOTECH WAR$ 4
May 24, 2019 11:56 AM ET|About: (CELG), JNJ, LLY, MRK, NVS, ABBV, ARRY, MDT, PFE
Summary
the BIOTECH WAR$ have expanded to include a new and unexpected target, “wealthy people”.
the victorious party wants to remove all undesirable citizens/unlikely supporters from the state in which they live. Acrimony against biotech companies and now wealthy citizens is where we are at.
Biotech companies are an insufficient sector to the politico’s, and a more expansive “Bad Guy Group” is now needed – i.e., wealthy people, especially if you live in NJ.
BIOTECH WAR$™ III
May 9, 2019 8:52 AM ET|About: Johnson & Johnson (JNJ), MRK
Summary
the BIOTECH WAR$ may represent a deeper battle going on between the “Socialist” political movement and our current “Capitalistic” economy.
Achieving political power supersedes common sense and support for the biotech business sector becomes non-existent as the sector is politically vilified.
Positive biotech product news seems to have little effect towards improving market valuations.
danwatson888's Blog, long only, Deep Value, dividend growth investing, healthcare
The BIOTECH WAR$ continue in 2019 and the people, mostly politicians, who put down, attack and denigrate the entire biotech sector, are currently “Wining” the BIOTECH WAR$. These people “target” the biotech sector as much as they can, as it is a sure way to appeal to the voting public, win votes and win elections.
the Biotech Wars continue
Summary
The “Medicare for all” and the “drug pricing” messaging is working for all those who seek political gain.
Biotech, Medtech and the entire Healthcare sector are losing the battles, and the war as investors flee for less politically targeted sectors.
NJ residents see the "P/C", "Middle Class Only"/ Socialism wave coming.
I may need to stop being so publicly supportive of Biotech companies.
BIOTECH WAR$ II™
For now I will remain publicly supportive of all my biotech investments, but this situation may change as I continue to see the "P/C" movement/"Middle Class Only"/ Socialism movement accelerate.
Thank you for visiting www.seekingbiotechalpha.com
blogs from dan watson / danwatson888's Blog
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